When cloud management goes right, it can present major benefits for companies. Here are the top three key benefits present for companies using cloud management today.
1. Unified Views of IT Utilization (and Cost)
There's an old saying that goes "what can be measured can be managed," and it's as true in the world of IT as it is anywhere else. If a cloud system isn't properly managed, it becomes impossible to track essential metrics like IT utilization and the cost therein.
In a properly managed cloud environment, however, it's easy to get a comprehensive overview of IT assets, ranging from cloud software and services to spending and overall trends. Companies operating in an environment like this can use tools more effectively and make more intelligent decisions about resource allocation and overall direction.
What's more, intelligent cloud management allows brands to make detailed reports about the effectiveness of certain cloud tools, and what may be a better option.
2. Reduced Risk of Data Loss
Today, data loss and cyber attacks are two of the primary damages facing companies. According to SecurityMagazine, 50% of companies are at risk of cyber-attacks motivated by ransom. When these attacks happen, they can have a devastating effect on a company's overall wellbeing. In fact, the global average cost of a data breach now sits right around $3.6 million.
Luckily, smart cloud management minimizes the risk of data loss by increasing security and reducing vulnerabilities that could allow hackers into a system. A cloud-based system also doesn't sprawl the same way other systems do, which can help secure data and ensure operational continuity and efficiency.
3. Reductions in Wasted IT Spending
Today, experts estimate that companies waste about 35% of their cloud budgets on inefficiencies and missed opportunities. This is a massive annual loss for any company and can be particularly detrimental to those with small marketing budgets.
Through effective cloud management, though, organizations can slash unneeded cloud expenses and optimize their cloud resources, which helps improve results without increasing spending.